McDonough Power Cooperative is a member-owned and locally controlled cooperative business whose mission is to provide high quality electric and related services in a safe, reliable and financially responsible manner for the betterment of the membership and the area it serves.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
- Base
- $188k
- Bonus
- —
- Other
- —
- Benefits
- $30k
- Base
- $125k
- Bonus
- —
- Other
- —
- Benefits
- $23k
- Base
- $129k
- Bonus
- —
- Other
- —
- Benefits
- $23k
- Base
- $124k
- Bonus
- —
- Other
- —
- Benefits
- $21k
- Base
- $121k
- Bonus
- —
- Other
- —
- Benefits
- $21k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Median to 75th percentilevs Public & Societal Benefit peers in Illinois | $188k | — | — | $30k | $308k $332k |
Line Superintendent Highest Compensated Employee Median to 75th percentile | $125k | — | — | $23k | $211k $227k |
CFO Median to 75th percentile | $129k | — | — | $23k | $178k $191k |
Journeyman Lineman Highest Compensated Employee 25th percentile to median | $124k | — | — | $21k | $162k $175k |
Journeyman Lineman Highest Compensated Employee 25th percentile to median | $121k | — | — | $21k | $152k $163k |
Crew Foreman Highest Compensated Employee 25th percentile to median | — | — | — | — | $149k $160k |
Journeyman Lineman Highest Compensated Employee 25th percentile to median | — | — | — | — | $145k $156k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $7k |
Director Board Member 25th percentile to median | — | — | — | — | $6k $6k |
Director Board Member 25th percentile to median | — | — | — | — | $6k $6k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $5k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $5k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $4k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $4k |
Director Board Member 10th to 25th percentile | — | — | — | — | $2k $3k |
Director Board Member 10th to 25th percentile | — | — | — | — | $2k $2k |
Director Board Member 10th to 25th percentile | — | — | — | — | $2k $2k |
Director Board Member Below 10th percentile | — | — | — | — | $2k $2k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at McDonough Power Cooperative Inc equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 9%
from 2023
From $283k in 2023 to $308k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 9% from 2023 to 2024, while revenue rose 1%.
- Highest Compensated Employee pay rose 7% from 2023 to 2024.
- Chief Financial Officer pay rose 8% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about McDonough Power Cooperative Inc
What does the Chief Executive Officer of McDonough Power Cooperative Inc earn?
In 2024, the Chief Executive Officer of McDonough Power Cooperative Inc received $308,272 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Public & Societal Benefit organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at McDonough Power Cooperative Inc compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations in Illinois, the 2024 pay of the Chief Executive Officer at McDonough Power Cooperative Inc falls between the median and the 75th percentile. In 2024, the highest total compensation at McDonough Power Cooperative Inc equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are McDonough Power Cooperative Inc's revenue and expenses?
In 2024, McDonough Power Cooperative Inc reported $12.9M in total revenue and $12.9M in total expenses on its IRS Form 990.
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